There is a correction for this pattern in Workbasket Magazine, Vol. 42, No. 8 as follows:

At beginning, under Sweater, directions should end on second line…for neck edge.
OMIT 44 (46, 48) dc.

Set requires 8, 9, 10 ounces white, 4, 5, 6 ounces variegated worsted weight yarn.

Gauge: 11 dc equal 3 inches, 2 rows dc equal 1 inch.